According to Redfin, there are currently 28,508 homes for sale in New Jersey. The median list price for a home in New Jersey is $579,000. In my town of about 30,000 residents, there are only 30 homes for sale. Those homes range in price from $685,000 to $6.3m, with an average cost of over $1 million.

There is no way that a young family can afford to buy a house in my town without double-law-partners income or a substantial handout from their parents. None. No way. My sons have zero chance of ever buying a home in this town.

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